Broxburn Drive - RM15 5PE
Key Postcode Insights
RM15 5PE is a residential postcode situated on Broxburn Drive, South Ockendon, RM15 with 34 addresses.
It ranks as the 418th largest and 25th most expensive of the 539 postcodes in the RM15 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 34 properties: 3 houses and 31 flats.
- Ave. Sale Price
- £195,323
- 10 Year change
- up 24.9%
- Ave. Rental Price
- £1,312pcm
- 10 Year change
- up 48.8%
- Ave. £ per ft²
- £392/ft²
- Ave. Gross Yield
- 8.1%/year/yr
Key Postcode Insights
RM15 5PE is a residential postcode situated on Broxburn Drive, South Ockendon, RM15 with 34 addresses.
It ranks as the 418th largest and 25th most expensive of the 539 postcodes in the RM15 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 34 properties: 3 houses and 31 flats.
- Ave. Sale Price
- £195,323
- 10 Year change
- up 24.9%
- Ave. Rental Price
- £1,312pcm
- 10 Year change
- up 48.8%
- Ave. £ per ft²
- £392/ft²
- Ave. Gross Yield
- 8.1%/year/yr
Explore Propertiesin RM15 5PE
- 1 Broxburn Drive
Mid-century Building | 5 Units
- 3 Broxburn Drive
2 Bed Mid-century Flat
- 5 Broxburn Drive
1 Bed Early-century Flat
- 7 Broxburn Drive
2 Bed Early-century Flat
- 9 Broxburn Drive
1 Bed Early-century Flat
Sales Market Trends
The last sale in RM15 5PE sold for £130,000 on 24th November 2022. Since then prices are up an average of 13.9%.
The current average value in the postcode is £195,323.
The RM15 5PE Sales Market has increased by 24.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £195,323 |
| June 2025 | 2.7% | £195,176 |
| June 2024 | -3.6% | £190,130 |
| June 2023 | 0.5% | £197,259 |
| June 2022 | 12.3% | £196,237 |
| June 2021 | 4.6% | £174,679 |
| June 2020 | 1% | £167,008 |
| June 2019 | -0.3% | £165,353 |
| June 2018 | 1.9% | £165,927 |
| June 2017 | 4.1% | £162,852 |
| June 2016 | 19.8% | £156,444 |
| June 2015 | 16.2% | £130,569 |
| June 2014 | 14.5% | £112,373 |
| June 2013 | 2.4% | £98,155 |
| June 2012 | -2.7% | £95,855 |
| June 2011 | -0.4% | £98,534 |
| June 2010 | 7.7% | £98,883 |
| June 2009 | -15.8% | £91,816 |
| June 2008 | 1.7% | £109,077 |
| June 2007 | 0% | £107,211 |
Rental Market Trends
The current average rental value in the postcode is £1,312.
The RM15 5PE Rental Market has increased by 48.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £1,312pcm |
| June 2025 | 4.8% | £1,264pcm |
| June 2024 | 9.9% | £1,206pcm |
| June 2023 | 12.5% | £1,097pcm |
| June 2022 | 6.2% | £976pcm |
| June 2021 | 1.5% | £919pcm |
| June 2020 | 2.6% | £905pcm |
| June 2019 | 0.5% | £882pcm |
| June 2018 | -0.3% | £877pcm |
| June 2017 | -0.2% | £879pcm |
| June 2016 | 7.3% | £881pcm |
| June 2015 | 7.8% | £821pcm |
| June 2014 | 4.5% | £762pcm |
| June 2013 | 3.1% | £729pcm |
| June 2012 | 3.2% | £707pcm |
| June 2011 | 3% | £685pcm |
| June 2010 | 4.3% | £665pcm |
| June 2009 | -5.8% | £638pcm |
| June 2008 | 5.6% | £677pcm |
| June 2007 | 0% | £642pcm |
Sales History
The last sale was on 24th November 2022 for £130,000 and since then the market in the area has increased by 13.9%. The postcode has had a total of 14 sales since 1995.
RM15 5PE has seen no sales in the last three years and no sales in the last twelve months.
- Sold Nov 2022£130,000 | 2 Bed Flat47, Broxburn Drive, South Ockendon, RM15 5PE47, Broxburn Drive, South Ockendon, RM15 5PE
- Sold May 2019£152,000 | 1 Bed Flat9, Broxburn Drive, South Ockendon, RM15 5PE9, Broxburn Drive, South Ockendon, RM15 5PE
- Sold Dec 2016£270,000 | 4 Bed House1D, Broxburn Drive, South Ockendon, RM15 5PE1D, Broxburn Drive, South Ockendon, RM15 5PE
- Sold Dec 2015£247,000 | 3 Bed House1A, Broxburn Drive, South Ockendon, RM15 5PE1A, Broxburn Drive, South Ockendon, RM15 5PE
- Sold Oct 2014£95,000 | 2 Bed Flat55, Broxburn Drive, South Ockendon, RM15 5PE55, Broxburn Drive, South Ockendon, RM15 5PE
Nearby Postcodes
RM15 5PE is the 418th largest and the 25th most expensive postcode out of the 539 postcodes in the RM15 area.
- RM15 5PF, Broxburn Drive, South Ockendon, RM15RM15 5PF24 Addresses|37 m away
- RM15 5QL, Broxburn Drive, South Ockendon, RM15RM15 5QL29 Addresses|53 m away
- RM15 5LD, Bingham Close, South Ockendon, RM15RM15 5LD9 Addresses|80 m away
- RM15 5PG, Broxburn Drive, South Ockendon, RM15RM15 5PG30 Addresses|110 m away
- RM15 5QP, Barle Gardens, South Ockendon, RM15RM15 5QP34 Addresses|126 m away
Property Types
- 1 period flat built between 1800 and 1911
- 27 mid-century houses built between 1936 and 1979
- 1 flat of an unknown age
- 4 early-century flats built between 1912 and 1935
- 1 other address of unknown type
- period flat (1)
- mid-century house (27)
- flat (1)
- early-century flat (4)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 32 properties.
- The most common rating is C.
- A (0)
- E (3)
- B (0)
- F (0)
- C (20)
- G (0)
- D (9)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Sep 2022£425,000 | 3 Bed House116, Broxburn Drive, South Ockendon, RM15 5QS116, Broxburn Drive, South Ockendon, RM15 5QS
- Sold Feb 2024£415,000 | 4 Bed House226, Broxburn Drive, South Ockendon, RM15 5QY226, Broxburn Drive, South Ockendon, RM15 5QY
- Sold Jun 2025£400,000 | 4 Bed House443, Broxburn Drive, South Ockendon, RM15 5PL443, Broxburn Drive, South Ockendon, RM15 5PL
Schools Nearby
- Shaw Primary Academy200 m away
- Bonnygate Primary School500 m away
- Holy Cross Catholic Primary School600 m away
- Harris Academy Ockendon1.0 km away
- Ormiston Park Academy2.4 km away
- Harris Academy Chafford Hundred3.0 km away
More reading links
Public Transport Nearby
The closest station to RM15 5PE is Ockendon station, which is 1.5 kilometres away.
- Ockendon|1.5 km away
- Chafford Hundred Lakeside|2.6 km away
- Grays|4.3 km away
- Purfleet|4.8 km away
